Question

A recent report published in USA Today indicated that a common family of four spends $ 490 a month on food. Suppose the distribution of food expenses for a family of four follows a symmetric distribution, with an average dispersion of $ 90. Based on the information obtained, we want to identify: what percentage of families spends: more than $ 30 and less than $ 490 in food per month; less than less than $ 430 a month in food; between $ 430 and $ 600 per month in food; between $ 500 and $ 600 per month in food; and less than $ 410 or more than 570 per month in food.Use all the tools learned in the course and carry out the analysis required for the study detailing an individual sentence of interpretation for each situation.

Answer #1

A recent report in
Pasadena Times indicated a typical family of four spends
$490 per month on food. Assume the distribution of food
expenditures for a family follows the normal distribution, with a
standard deviation of $90 per month.
What percent of the families spend between $300 and $490 per
month on food?
What is the probability that a families selected spends less
than $430 per month on food?
What percent spend between $430 and $600 per month on
food?...

1. A recent report in USA Today indicated that a typical
family of four spends $620 per month on food. Assume the
distribution of food expenditures for a family of four follows the
normal distribution, with a standard deviation of $95.
a. What percent of families spend less than $550 per month on
food?
b. What percent of families spend between $550 and $720 per
month on food?
c. What percent of families spend between $630 and $720 per...

3. The mean amount spent by a family of four on food is $500 per
month with a standard deviation of $75. Assume that the food costs
are normally distributed. • What is the probability that a family
spends less than $410 per month? • What is the percentage of
families that spend $400 to $600 per month?

In 2015 The United States Department Of Agriculture Issued A
Report Indicating A Family Of ... Question: In 2015 the United
States Department of Agriculture issued a report indicating a
family of four s... (2 bookmarks) In 2015 the United States
Department of Agriculture issued a report indicating a family of
four spent an average of about $890 per month on food.
(http://www.cnpp.usda.gov/sites/default/files/CostofFoodMar2015.pdf
). Assume the distribution of food expenditures for a family of
four follows the normal distribution, with...

The average amount spent by a family of two on food per month is
$500 with a standard deviation of $75. Assuming that the food costs
are normally distributed,
what is the probability that a family spends less than $410 per
month?
what is the probability that a family spends great than $610 per
month?
what is the probability that a family spends $500±50(between
$450 and $550) per month?

The mean amount spent by a family of four on food per month is
$700 with a standard deviation of $85. Assuming that the food
expenditures are normally distributed, what is the proportion of
families of four that spend more than $900 per month?

1. According to an article published on the Web site,
Facebook users spend an average of 190 minutes per month checking
and updating their Facebook pages. Suppose that the current
distribution of time spent per month checking and updating a
member’s Facebook page is normally distributed with a mean of 190
minutes and a standard deviation of 53.4 minutes. For a randomly
selected Facebook member, determine the probability that the amount
of time that he or she spends per month...

What role could the governance of ethics have played
if it had been in existence in the organization? Assess the
leadership of Enron from an ethical perspective.
THE FALL OF ENRON: A STAKEHOLDER FAILURE
Once upon a time, there was a gleaming headquarters
office tower in Houston, with a giant tilted "£"' in front, slowly
revolving in the Texas sun. The Enron Corporation, which once
ranked among the top Fortune 500 companies, collapsed in 2001 under
a mountain of debt...

Discuss ethical issues that can be identified in this
case and the mode of managing ethics Enron finds itself in this
case. How would you describe the ethical culture and levels of
trust at Enron? Provide reasons for your assessment.
THE FALL OF ENRON: A STAKEHOLDER FAILURE
Once upon a time, there was a gleaming headquarters
office tower in Houston, with a giant tilted "£"' in front, slowly
revolving in the Texas sun. The Enron Corporation, which once
ranked among...

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